Can we set up multiple bank accounts for payments?

Hi there derrick-koenig,

Making sure your invoices are paid is an important part of managing your sales. QuickBooks Online Payments makes it easy for your customers to pay you directly when they receive their invoice. I can provide some insight on this matter.

A QuickBooks Payments account can only be linked to one bank account to deposit money. If you'd like to get that money into another account, it would have to be either a manual transfer after the payment has been deposited into the account connected to Payments or have to be received another way.

If you have any further questions, feel free to reach out here.

@derrick-koenig 

Are you dealing with multi currency transactions?

I am currently using Quickbooks Payments to be able to accept credit cards and Quickbooks direct payments. I wanted to use 2 different checking accounts. Specifically, I wanted their credit card processing fees to be deducted from a specific business checking account. Then I wanted my clients' payments to be deposited into another business checking account. There is no way to setup this up via their online software: Quickbooks Online, or their Merchant Center Online Portal. I had to contact their support to receive an email with supporting documents I had to complete. I also had to provide Quickbooks Support with a selfie of myself holding my driver's license. I had to upload everything via a secure online portal. I did this all using their online chat. 

Hi QB support, 
Are there any updates on this? Can we set up multiple bank accounts for payments? 
If not, is it possible for the Customer to choose in which bank account he/she will make the payment? 

Thanks for requesting some updates about this feature, MD96.

Having the feature to allow adding multiple bank accounts to receive payments is a great idea to have in QuickBooks Payments. However, this option is not yet available for now. You can only assign one bank per account.

Our developers are always working on development roadmaps that will be helpful for the majority of our clients. For now, we're unable to share any updates about their work as they handle product updates internally.

I want you to know that we wanted to learn about your business needs. Changes in the program are released based on several factors. For this, we would love to hear your requests or suggestions for QuickBooks Online. 

If you have any product suggestions to our developers for QuickBooks preferences, send your request through these steps:

1. Click the Gear icon and choose Feedback.
   
2. Enter your suggestion for our engineers on the Feedback box.
3. Once done, press Next to send it.
   

To be updated with the recent and upcoming changes for QuickBooks products, visit these sites:

• QuickBooks New Features and Innovations
• What's New in QBO?

For now, the workaround we can offer is finding reminder apps inside QuickBooks. To do that, go to the Apps menu and type "reminders".

Please let me know if you have other questions about the available features QuickBooks. I'm always here to help. Have a great rest of the day.

Hi Alex,  

I see this info was dated nearly two years ago. Has anything changed?  I too would like to invoice from a second checking account for our security deposits. Thanks! 

Hey there shendric62,

Thanks for chiming in on this thread. At this time, with QuickBooks Online Payments, only one bank account can be registered. I can see how being able to register multiple bank accounts could be beneficial for you. I recommend leaving feedback by heading to the Gear icon and selecting the Feedback option. These comments are viewed and considered by our developers as they create new features and updates for QuickBooks. 

I don't understand how such a basic accounting feature is still not an option.